Niskayuna, NY Office
TeamData sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
HFR Wealth Management, LLC
Team
Firm-wide stats for HFR Wealth Management, LLC
About
HFR Wealth Management provides continuous discretionary investment management to individuals, high‑net‑worth clients, trusts, corporations, pension and profit‑sharing plans, and charitable organizations. The fee‑only firm reports $588,662,553 in discretionary assets under management as of 12/31/2025.
The firm follows a fiduciary Prudent Investor approach with a long‑term, value‑oriented philosophy inspired by Ben Graham, typically constructing equity portfolios of 35–40 liquid, well‑established companies diversified across sectors and supplementing equity allocations with investment‑grade bonds or money‑market instruments for clients seeking lower risk. Investment Policy Statements are used to set maximum stock exposures, annual turnover is generally under 25%, and the firm avoids derivatives and high‑beta concentration strategies.
Distinctively, HFR provides formal performance analysis and reporting to clients — including portfolio‑ and asset‑class level comparisons to major market indices and quarterly PortfolioAnalysis reports for accounts over $100,000 — and makes its account performance information and Form ADV readily available to prospective clients, a disclosure practice that is uncommon among peer team firms. The firm also discloses custodial arrangements and proxy‑voting procedures and addresses related conflicts of interest, including benefits received from its custodian.
Based on HFR Wealth Management, LLC
Location
Niskayuna NY
Advisors at this office
3
Advisors at this office
Michael R
Niskayuna, NY
HFR Wealth Management, LLC
Michael Reilly is a financial advisor at HFR Wealth Management, LLC with four years of industry experience. He previously worked at HFR Investment Advisory Services and spent ten years at Apple Inc. prior to his advisory career. HFR Wealth Management provides discretionary investment management for individuals, high-net-worth clients, trusts, corporations, retirement plans, and charitable organizations. The firm follows a Prudent Investor framework with customized Investment Policy Statements and emphasizes regular portfolio-level performance reporting alongside quarterly reviews.
Herbert R
Niskayuna, NY
HFR Wealth Management, LLC
Herbert Reilly IV is a financial advisor at HFR Wealth Management, LLC with 14 years of experience. He has been with the firm since 2012. HFR Wealth Management provides discretionary investment management for individuals, high-net-worth clients, trusts, corporations, retirement plans, and charitable organizations. The firm follows a Prudent Investor framework with customized Investment Policy Statements and emphasizes regular, detailed performance reporting alongside quarterly reviews.
Herbert R
Series 63, Series 65
Niskayuna, NY
HFR Wealth Management, LLC
Herbert Reilly III is a financial advisor at HFR Wealth Management, LLC, holding Series 63 and Series 65 licenses with four years of industry experience. He has been with HFR Wealth Management since 1995. HFR Wealth Management provides discretionary investment management services to individuals, high-net-worth clients, trusts, corporations, retirement plans, and charitable organizations. The firm follows a Prudent Investor framework with customized Investment Policy Statements and emphasizes regular, detailed portfolio performance reporting alongside quarterly reviews.
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